NOT LISTED FOR SALE

369 Formosa Dr Cocoa Beach, FL 32931

Estimated Value: $541,071 - $591,000

3 Beds
2 Baths
1,560 Sq Ft
$365/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $575,000 $369 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,506/month

3 Days on Market

Highlights

  • Open Floorplan
  • Bonus Room
  • Great Room
  • Theodore Roosevelt Elementary School Rated 9+
  • Sun or Florida Room
  • No HOA

About This Home

As of February 2023

TWO BLOCKS from the OCEAN, this updated 3 bedroom/2 bathroom beach home is ready for its new owner. Both a NEW roof and NEW AC were installed in 2022. The updated galley kitchen and living room flow into the family room/dining room, making it perfect for entertaining friends and family. The home has new luxury vinyl plank flooring and new interior paint. Wonderful and bright to live in, as natural light flows throughout. All windows are hurricane impact glass. Enjoy viewing the outdoors in your Florida Room, or lounge in the privacy of your fenced in backyard. This home has an irrigation system, and tons of space in your two-car garage. Close to dining, shopping, entertainment and everything the beachside lifestyle has to offer.

Last Agent to Sell the Property

Michael Kushner

Baldwin Park Realty LLC License #3499797 Listed on: 01/12/2023

Last Buyer's Agent

Christine Stehley

Compass Florida, LLC License #3527116

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • South Facing Home
  • Vinyl Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Family Room
  • Bonus Room
  • Sun or Florida Room
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Roosevelt Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cocoa Isles 8Th Addn Association
  • Cocoa Isles 8Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-37-10-03-0000m.0-0015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 1962

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Isles 8th Addn
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-10-03-0000m.0-0015.00
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 1490.79
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1560.0
  • General Property Information Building Area Total3: 2208.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Great Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Florida Room: Yes
  • Flooring Vinyl: Yes
  • Room Types Bonus Room: Yes
  • Fencing Vinyl2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower
  • Flooring: Terrazzo, Vinyl
  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Vinyl
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: COCOA ISLES 8TH ADDN
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: COCOA ISLES 8TH ADDN

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-10-03-0000m.0-0015.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1490.79

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 15, 2023
Sold by
Gilmore Ryan R
Bought by
Lambert Clayton James and Chaloux Kelsey Noel
Seller's Agent
Michael Kushner
Baldwin Park Realty LLC
Buyer's Agent
Christine Stehley
Compass Florida, LLC
List Price
$575,000
Sold Price
$575,000
Views
5
Current Estimated Value
$569,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,982
Avg. Annual Appreciation
-0.34%
Original Mortgage
$460,000
Outstanding Balance
$445,953
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$123,065

Purchase Details

Closed on
Apr 11, 2016
Sold by
Carrolll David E and The David E Carroll Family Tru
Bought by
Carroll David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
3.58%

Purchase Details

Closed on
Apr 11, 2006
Sold by
Carroll David E
Bought by
Carroll David E and David E Carroll Family Trust

Purchase Details

Closed on
Mar 28, 2001
Sold by
Malmberg Philip O and Malmberg Shirley V
Bought by
Carroll David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lambert Clayton James $575,000 Baldwin Park Title
Carroll David E -- Attorney
Carroll David E -- Attorney
Carroll David E $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Clayton James $460,000
Previous Owner Carroll David E $73,000
Previous Owner Carroll David E $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $575,000 0.0% $369 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $575,000 -- $369 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,008 $449,410 -- --
2024 $7,147 $470,460 -- --
2023 $7,147 $432,850 $260,000 $172,850
2022 $1,491 $131,860 $0 $0
2021 $1,475 $128,020 $0 $0
2020 $1,459 $126,260 $0 $0
2019 $1,441 $123,430 $0 $0
2018 $1,429 $121,130 $0 $0
2017 $1,430 $118,640 $0 $0
2016 $1,420 $116,200 $110,000 $6,200
2015 $1,420 $115,400 $100,000 $15,400
2014 $1,421 $114,490 $81,000 $33,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 954533

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-10-03-0000M.0-0015.00

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